A smartphone producer in China should have at least 30 per cent of its devices made with Chinese chips, an economist has suggested. Photo: AFP
A smartphone producer in China should have at least 30 per cent of its devices made with Chinese chips, an economist has suggested. Photo: AFP

US-China tech war: Beijing urged to pump money into innovation for clearer edge over top rival

  • Some US$295 billion in annual government funding for new tech and taxing use of foreign know-how among suggestions from Tsinghua economists
  • Tech rivalry with the US can have huge impact on global economy and must be handled carefully, Beijing forum hears

A smartphone producer in China should have at least 30 per cent of its devices made with Chinese chips, an economist has suggested. Photo: AFP
A smartphone producer in China should have at least 30 per cent of its devices made with Chinese chips, an economist has suggested. Photo: AFP
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